Chủ Nhật, 28 tháng 4, 2013

Australian share market opens higher

US markets ended mixed with weak economic growth in the first quarter of 2013.

THE Australian stock market looks set to open flat following a mixed performance on Wall Street overnight after a mediocre report on US economic growth and the latest batch of uneven corporate earnings reports.

At 0712 AEST today, the June share price index futures contract was down three points at 5,104.

In economic news today, presentations by BHP Billiton, Rio Tinto, Xstrata and Minerals Council of Australia will feature in the Senate Economics Legislation Committee's public hearing into the development and operation of the Minerals Resource Rent Tax.

In Australia, the market closed on Friday slightly lower despite commodity stocks staging a comeback.
 


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